Boutique Block Of 8 Art Deco Apartments (1731 sqm) - Premier Studley Park Location

This unique boutique block of 8 Art Deco apartments set on a magnificent 1731 sqm parcel presents a sensational and rare opportunity to earn immediate investment returns with the option to further develop (STCA) in sought after Studley Park just 4 klms from the CBD. Nestled amongst many of Melbourne's most privileged early residences in Kew's highly coveted original quadrant, tastefully refined c.1949 living spaces offer one and two bedroom accommodation literally meters from Yarra River parkland, tranquil walking tracks and bike trails.

Instantly reap rich income rewards whilst you explore additional development or total redevelopment possibilities, maximising dual access via Garden Terrace, a rear boundary shared with serene Studley Park Vineyard and a river bushland location that boasts perfect peace and privacy. Elite independent schools, renowned Kew Junction shops, Richmond restaurants and nightlife are all only minutes away.

Existing apartment's configuration includes:

4 x 2 bedroom/ 2 living with balcony and garage
1 x 2 bedroom/ 2 living maisonette with terrace and garage
3 x 1 bedroom
Previously updated finishes
Period character
High ceilings
Abundant natural light
Lush leafy surrounds.

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